GURUGRAM: Hundreds of homebuyers associated with the Capital Gateway housing project in Sector 111, located along the Dwarka Expressway, staged a protest at the site on Sunday. They voiced concerns over significant delays, regulatory shortcomings, and inadequate oversight from authorities.
The demonstrators, representing the Capital Gateway Home Buyers Welfare Association (CGHBWA), which comprises over 200 allottees, have called on the Haryana Real Estate Regulatory Authority (HRERA) to reassess the project approvals, conduct timely hearings, and enforce compliance with the Real Estate (Regulation and Development) Act. They vowed to maintain peaceful protests until they receive clarity on project completion timelines and accountability measures.
The developer has not responded to requests for comment, and messages remain unanswered.
Launched in 2010 by Tashee Land Developers and KNS Infracon Pvt Ltd, the project has been incomplete for over a decade. Many buyers, despite making substantial payments, are still awaiting possession. Some protesters mentioned that they had invested their retirement savings or taken out long-term housing loans, leading to financial and emotional turmoil due to the delays.
Office-bearers of CGHBWA stated that the builder-buyer agreements signed in 2012 promised possession by June 2015, but construction has significantly slowed and eventually stopped. Addressing the gathering, association representatives alleged that numerous extensions and approvals granted to the developer have not resulted in actual completion.
Homebuyers also expressed concerns regarding floor area ratio (FAR) increases authorized for the project over time. They argued that modifications to building height and layout were approved without proper consultation with current allottees, questioning whether benefits from newer policies should apply to projects that have already missed their delivery deadlines. Furthermore, concerns arose about the project’s inclusion in the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund, which provided financial assistance in 2022. Despite this intervention, construction progress has remained minimal.
The association criticized HRERA’s recent proceedings, alleging that their objections were not sufficiently considered during hearings about license extensions. They are advocating for greater transparency and a commitment to natural justice in regulatory processes.
